Rethinking the Dollar

Argentinians Lose Again! Milei Sends Gold Reserves Abroad At The Wrong Time


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Argentina's President Javier Milei's administration confirmed the transfer of the country's gold reserves abroad but did not disclose details about the quantity, destination, or purpose, raising concerns about potential seizure by foreign creditors. The transfer, supported by Economy Minister Luis Caputo as a strategy to generate returns and secure a bridge loan, has faced criticism from the opposition and financial experts for its lack of transparency and inherent risks.

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